SkyWest holding company is to announce Q1 earnings.

Skyworks Solutions (SWKS) announced its earnings results for the first quarter of fiscal 2024, revealing a decrease in revenue and profit compared to the previous year. The company posted $1.20 billion in revenue, a 9.6% decrease from the same period in 2021, and an adjusted earnings per share (EPS) of $1.97, a 20% decrease from the prior-year quarter. However, the results surpassed Wall Street estimates, with the EPS showing a 3.4% positive difference. For the upcoming second quarter, Skyworks expects revenue to fall between $1.02 billion and $1.07 billion, which would represent a 9.5% decrease from Q2 2021.

January 30, 2024
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